2021-03-31-accounts - Sandwell Homeless And Resettlement Project Limited

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Trustees' annual report (incorporating		the	director's	report)
Independent examiner's report to the		trustees			10
Statement offinancial activities	(including		income and
expenditure account)					12
Statement of financial position					13
Statement ofcash flows					15
Notes to the financial statements					16

			2021		2020
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	2	2	8
Income
Donations and grants	5	73,810	123,439	197,249	151,219
Charitable activities	6	499,296		499,296	417,205
Investment income	7	16		16	77
Total income		573,122	123,439	696,561	568,501
Expenditure
Expenditure on raising funds:
Costs of raising income	8	588,336	58,359	646,695	599,132
Total expenditure		588,336	58,359	646,695	599,132
Net Income/(expenditure)		(15,214)	65,080	49,866	(30,631)
Transfers between funds		(163,757)	163,757
Other recognised gains and losses
Other recognised gains/(losses)			(167,656)	(167,656)	634,999
Net movement in funds		(178,971)	61,181	(117,790)	604,368
Reconciliation offunds
Total funds brought forward		358,910	798,464	1,157,374	553,006
Total funds carried forward		179,939	859,645	1,039,584	1,157,374

				2021	2020
			Note	6
Fixed assets
Tangible fixed assets			13	1,036,714	926,003
Current assets
Debtors			14	43,577	13,868
Cash at bank and in	hand			47,402	231,925
				90,979	245,793
Creditors: amounts	falling due within one year		15	88,109	14,422
Net current assets				2,870	231,371
Total assets less current liabilities				1,039,584	1,157,374
Net assets				1,039,584	1,157,374
Funds ofthe charity
Restricted funds				859,645	798,464
Unrestricted funds:
Revaluation reserve				93,839	93,839
Other unrestricted		income funds		86,100	265,071
Total unrestricted funds				179,939	358,910
Total charity funds			17	1,039,584	1,157,374

					2021	2020
						2
Cash flows from operating		activities
Net income/(expenditure)					49,866	(30,631)
Adjustments for:
Depreciation of tangible fixed assets					5,158	2,530
Other interest receivable and similar income					(16)	(77)
Interest payable	and similar	charges			4,080	3,900
Accrued income					(16,689)	(6,939)
Changesin:
Trade and other	debtors				643	9,515
Trade and other	creditors				60,024	816
Cash generated	from operations				103,066	(20,886)
Interest paid					(4,080)	(3,900)
Interest received					16	77
Net cash from/(used in) operating			activities		99,002	(24,709)
Cash flows from investing		activities
Purchase of tangible assets					(283,525)	(89,953)
Net cash used in	investing activities				(283,525)	(89,953)
Net decrease In	cash and cash		equivalents		(184,523)	(114,662)
Cash and cash	equivalents	at	beginning	of year	231,925	346,587
Cash and cash	equivalents	at	end of year		47,402	231,925

Donations and gra	nts
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2021
							2	2
Donations
Unrestricted donations
Restricted donations	—Bauer Radio						1,645	1,645
Restricted donations	- Gables Lottery						49,383	49,383
Restricted donations	—Heart of England						10,000	10,000
Restricted donations	- Uoyds Bank						33,000	33,000
Restricted donations	—Welcome boxes						1,000	1,000
Restricted donations	-The Rowlands Trust						3,223	3,223
Restricted donations	- Baron Davenports		Charity				543	543
Restricted donations	—BBCChildren in	Need
Restricted donations	- DWF Foundation
Restricted donations	- DPS Service
Restricted donations	—Albert Hunt Trust						5,000	5,000
Restricted donations	—Eveson Trust						10,529	10,529
Restricted donations	—Roger & Douglas
Restricted donations	- Edward Cadbury
Restricted donations	—CB & HH Taylor
Restricted donations	—WA Cadbury
Restricted donations	—Bernard Piggott
Restricted donations	- The Grimmett Trust
Restricted donations	- Michael Marsh Trust
Restricted donations	—GJW Turner Trust						2,000	2,000
Restricted donations	—Cole Charitable	Trust		—Gables
Beds							1,500	1,500
Restricted donations	- DPD Trust —Weston Trip						2,000	2,000
Restricted donations	—The Morrison Foundation				Grant		1,200	1,200
Restricted donations	—DPD Group —Gap		Project				1,400	1,400
Restricted donations	—BHSF Medical Charity						1,016	1,016
Grants
SMBC core grant						73,810		73,810
						73,810	123,439	197,249

Donations and gra	nts (cont(nuerr)
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
Donations
Unrestricted donations					429		429
Restricted donations	—Bauer Radio
Restricted donations	—Gables Lottery
Restricted donations	—Heart of England
Restricted donations	—Lloyds Bank
Restricted donations	-Welcome boxes					120	120
Restricted donations	- The Rowlands Trust
Restricted donations	—Baron Davenports	Charity
Restricted donations	—BBCChildren in Need					8,069	8,069
Restricted donations	—DWF Foundation					1,500	1,500
Restricted donations	- DPS Service					9,000	9,000
Restricted donations	—Albert Hunt Trust					5,000	5,000
Restricted donations	—Eveson Trust					10,422	10,422
Restricted donations	- Roger 8 Douglas					5,000	5,000
Restricted donations	—Edward Cadbury					11,000	11,000
Restricted donations	- CB & HH Taylor					2,000	2,000
Restricted donations	—WA Cadbury					20,000	20,000
Restricted donations	- Bernard Piggott					1,800	1,800
Restricted donations	—The Grimmett Trust					1,800	1,800
Restricted donations	- Michael Marsh Trust					2,000	2,000
Restricted donations	—GJW Turner Trust
Restricted donations	- Cole Charitable Trust		—Gables
Beds
Restricted donations	—DPD Trust —Weston		Trip
Restricted donations	—The Morrison Foundation			Grant
Restricted donations	- DPD Group - Gap Project
Restricted donations	—BHSF Medical Charity
Grants
SMBC core grant					73,079		73,079
					73,508	77,711	151,219

Charita	ble	activities
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
				2	2
Crown	house		158,407	158,407	147,329	147,329
Central	admin				8,381	8,381
GAP project			266,621	266,621	177,432	177,432
Community		support	15,782	15,782	84,063	84,063
Gables			58,486	58,486
			499,296	499,296	417,205	417,205

Investment incom	e
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			2	2	2	2
Bank interest receivable			16	16	77	77
Costs of raising income
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2021
				2
Charitable fund raising		costs		11,318		11,318
Wages and salaries				351,580	7,755	359,336
Employer's NIC				15,562		15,562
Pension costs				4,932		4,932
Insurance				8,412		8,412
Other motor/travel	costs			2,264		2,264
Legal and professional		fees		9,264	14,569	23,833
Information technology				13,164		13,164
Other office costs				14,867	1,575	16,442
Depreciation				2,240	2,918	5,158
Accountancy fees				4,080		4,080
Other support costs				3,030	1,715	4,745
Training				379	1,925	2,304
Bank charges				291		291
Premises expenses				146,953	27,902	174,854
				588,336	58,359	646,695
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2020
				2
Charitable fund raising		costs		8,984		8,984
Wages and salaries				355,074		355,074
Employer's NIC				14,235		14,235
Pension costs				3,499		3,499
Insurance				5,389		5,389
Other motor/travel	costs			7,736		7,736
Legal and professional		fees		15,384		15,384
Information technology				10,005		10,005
Other office costs				12,944		12,944
Depreciation				2,530		2,530
Accountancy fees				3,900		3,900
Other support costs				2,730		2,730
Training				882		882
Bank charges				292		292
Premises expenses				113,487	42,061	155,548
				557,071	42,061	599,132

9.	Net Income/(expenditure	Net Income/(expenditure	)	)	)
	Net income/(expenditure)		is stated after charging/(crediting);
						2021	2020
	Depreciation	of tangible	fixed assets			5,158	2,530
	Operating lease rentals		—land &	buildings		95,760	93,800
	Operating lease rentals		- other			3,298	1,111
10.	Independent	examination fees
						2021	2020
						2
	Fees payable	to the independent		examiner	for:
	Independent	examination	of the	financial statements		4,080	3,900

Staff cos	ts
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2021	2020
				2
Wages and salaries				359,336	355,074
Social security costs				15,562	14,235
Employer	contributions	to pension	plans	4,932	3,499
				379,830	372,808

full-time equivalent employees during the year is ana	lysed as follows;
	2021	2020
	No.	No.
Chief executive officer	1	1
Head ofcare and community
Central admin		1
GAP project	8	8
Crown house	1	1
Community support	3	5
The Gables	5
	20	17

No trustee expenses have been Tangible fixed assets	incurred
	Freehold	Plant and	Fixtures and
	property	machinery	fittings	Total
	2	2	2
Cost
At 1 April 2020	918,607	67,845		986,452
Additions	244,049	4,801	34,675	283,525
Revaluations	(167,656)			(167,656)
At 31 March 2021	995,000	72,646	34,675	1,102,321
Depreciation
At 1 April 2020		60,449		60,449
Charge for the year		2,240	2,918	5,158
At 31 March 2021		62,689	2,918	65,607
Carrying amount
At 31 March 2021	995,000	9,957	31,757	1,036,714
At 31 March 2020	918,607	7,396		926,003

	under the historical c	ost model are as follows;
				Freehold
				property
	At 31 March 2021
	Aggregate cost			433,818
	Aggregate depreciation
	Carrying value			433,818
	At 31 March 2020
	Aggregate cost			189,769
	Aggregate depreciation
	Carrying value			189,769
14.	Debtors
			2021	2020
			2
	Prepayments and accrued income		43,577	11,903
	Other debtors			1,965
			43,577	13,868
15.	Creditors: amounts	falling due within one year
			2021	2020
			2
	Trade creditors		23,411	2,525
	Accruals and deferred	income	17,563	3,900
	Social security and other taxes		42,428	7,350
	Other creditors		4,707	647
			88,109	14,422

Analysis of c	Analysis of c	harita	ble funds
Unrestricted		funds
			At				Gains and	At
			1 Apr 2020	Income	Expenditure	Transfers	losses 31	Mar 2021
					2		2	2
General funds			265,071	573,122	(588,336)	(163,757)		86,100
Revaluation
reserve			93,839					93,839
			358,910	573,122	(588,336)	(163,757)		179,939
			At				Gains and	At
			1 Apr 2019	Income	Expenditure	Transfers	losses 31	Mar 2020
					2
General funds			437,775	490,790	(557,071)	(106,423)		265,071
Revaluation
reserve			93,839					93,839
			531,614	490,790	(557,071)	(106,423)		358,910
Restricted	funds
			At				Gains and	At
			I Apr 2020	Income	Expenditure	Transfers	losses 31	Mar 2021
						2	2	2
Grantham	Yorke
Trust
Welcome Boxes			45	1,000				1,045
The Rowlands
Trust			984	3,223		(3,223)		984
Sheldon Trust			10,000			(10,000)
Baron Davenports
Charity			500	543	(500)
The DMF Ellis
Charitable	Trust		2,000			(2,000)
Gables furniture
suites			3,000			(3,000)
The Woodward
Charitable	Trust		186			(186)
Edgar E Lawley
Foundation			1,500			(1,500)
BBCChildren		in
Need			8,042		(7,425)			617
DWF Foundation
DPS Service
Albert Hunt	Trust		5,000	5,000		(10,000)

Analysis of charitable	funds (con((sued)	funds (con((sued)
Eveson Trust		10,529		(10,529)
Roger & Douglas	5,000			(5,000)
Edward Cadbury	11,000			(11,000)
CB & HH Taylor	2,000			(2,000)
WA Cadbury	20,000			(20,000)
Bernard Piggott	1,800			(1,800)
The Grimmett
Trust	1,800			(1,800)
Michael Marsh
Trust	2,000			(2,000)
Cole Charitable
Trust —Gable
Beds		1,500		(1,500)
DPD Trust-
Weston Trip		2,000	(315)			1,685
The Morrison
Foundation Grant		1,200		(1,200)
DPD Group - GAP
Project		1,400				1,400
BHSF Medical
Charity		1,016	(1,005)			11
Bauer Radio		1,645				1,645
Gables Lottery		49,383		(49,383)
Heart of England		10,000				10,000
Lloyds Bank		33,000	(23,041)			9,959
GJW Turner Trust		2,000		(2,000)
The Gables	88,608		(26,073)	301,878		364,413
The Gables
Revaluation	634,999				(167,656)	467,343
	798,464	123,439	(58,359)	163,757	(167,656)	859,645
	At				Gains and	At
1 Apr 2019		Income	Expenditure	Transfers	losses 31	Mar 2020
		2	2			6
Grantham Yorke
True l	1,284		(1,284)
Welcome Boxes	358	120	(433)			45
The Rowlands
Trust	1,500		(516)			984
Sheldon Trust	10,000					10,000
Baron Davenports
Charity	500					500
The DMF Ellis
Charitable Trust	2,000					2,000

Gables furniture	Gables furniture
suites		3,000					3,000
The Woodward
Charitable Trust		1,250		(1,064)			186
Edgar E Lawley
Foundation		1,500					1,500
BBCChildren	in
Need			8,069	(27)			8,042
DWF Foundation			1,500	(1,500)
DPS Service			9,000	(9,000)
Albert Hunt Trust			5,000				5,000
Eveson Trust			10,422	(10,422)
Roger 8 Douglas			5,000				5,000
Edward Cadbury			11,000				11,000
CB& HH Taylor			2,000				2,000
WA Cadbury			20,000				20,000
Bernard Piggott			1,800				1,800
The Grimmett
Trust			1,800				1,800
Michael Marsh
Trust			2,000				2,000
Cole Charitable
Trust - Gable
Beds
DPD Trust-
Weston Trip
The Morrison
Foundation Grant
DPD Group - GAP
Project
BHSF Medical
Charity
Bauer Radio
Gables Lottery
Heart of England
Lloyds Bank
GJW Turner Trust
The Gables				(17,815)	106,423		88,608
The Gables
Revaluation						634,999	634,999
		21,392	77,711	(42,061)	106,423	634,999	798,464

Analysis	of net as	sets between funds	(ccntlnuerr)
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
					8
Tangible	fixed assets		204,958	831,756	1,036,714
Current	assets		63,090	27,889	90,979
Creditors	less than	1 year	(88,109)		(88,109)
Net assets			179,939	859,645	1,039,584
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
			8	8	2
Tangible	fixed assets		202,396	723,607	926,003
Current	assets		170,934	74,857	245,791
Creditors	less than	1 year	(14,420)		(14,420)
Net assets			358,910	798,464	1,157,374

	The followi	ng un	its of Social Housing were held by th	e charitable company during the ye	ar:
				2021	2020
	Supported	Housing		69	50
20.	Social housing		rent arrears

24.	Capital commitment	Capital commitment	Capital commitment	s	s
	Capital expenditure			contracted		for but not	provided	for in the financial statements is as			follows;
										2021	2020
										6	6
	Tangible	fixed	assets								221,000
25.	Operating	lease commitments
	The total	future	minimum		lease	payments	under non-cancellable		operating	leases are as follows:
										2021	2020
										6
	Not later than		1 year							4,289	24,784
	Later than	1 year and not			later	than 5years				9,806
										14,095	24,784